TAYO Wins Bid to Acquire 64 Properties in West Texas

July 14, 2014 07:08 AM Eastern Daylight Time

HOUSTON--(BUSINESS WIRE)--Taylor Consulting, Inc. (OTCBB: TAYO) announced today that its real
estate division, Third Avenue Development, LLC, has won its bid to
acquire a large, bulk real estate purchase in the growth market of West
Texas.

The winning bid gives the company the right to acquire 64 lots in Texas’
hottest oil and gas territory. The bulk of properties covers
approximately 16 acres of land ripe for redevelopment to suit a variety
of potential needs. TAYO has targeted the bulk purchase because it fits
the company’s criteria of distressed assets available for discounted
acquisition.

Additionally, TAYO expects to acquire any mineral rights associated with
the real estate, as well.

“This bulk purchase is an advantageous way to build up our portfolio of
West Texas real estate quickly at an affordable price,” TAYO CEO Scott
Wheeler said. “This is only the beginning. Third Avenue Development will
continue to seek out promising investments in the region as the company
works to capitalize on the boom in real estate demand there.”

TAYO has placed a high priority on the acquisition of real estate on or
near West Texas’ massive Cline Shale formation, where drilling and
exploration are drawing thousands of new residents. In Texas, population
growth has averaged 1.7 percent annually over the past three years—more
than double the national average.

A division of Taylor Consulting, Inc. (TAYO), Third Avenue Development,
LLC, is building an emerging portfolio of real estate assets in emerging
oil and gas regions. The company is focused on acquiring and developing
properties in the country's top-performing markets in order to
capitalize on rising demand for housing and related infrastructure
services.

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